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| MARCH 28, 2007 |
Shipping News
- RM500m upgrading for Malaysia's Northport
MALAYSIA's Northport is in the midst of a RM500 million upgrading project and aims to focus on niche port businesses to keep up with competition from regional ports.
- Rhine stays shut as cranes move in to clear boxes
GERMAN authorities working to reopen the Rhine, Europe's busiest commercial waterway, located all of the containers that have halted traffic since sliding off a carrier vessel over the weekend.
- ASL Marine bags $164m vessel orders
THE surging demand for new offshore oil and gas rigs, along with the trend of larger vessels, is driving a related demand for tugs and support vessels as evidenced by ASL Marine Holdings' growing orderbook.
- Maritime agencies to share facilities to sharpen readiness
Strait Talk
- Forget about maritime toll booths
ON a good clear day the Strait of Gibraltar viewed from high up on the Rock looks really impressive.
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| MARCH 28, 2007 |
- CMA CGM posts profit of US$611m for 2006
- MOL bolsters box services to Vietnam
- Grand Alliance begins Asia-Black Sea service in June
- RCL names its 1,108-TEU newbuild, the `Mitra Bhum'
- Colombo Port expansion works to receive major funding boost from ADB
- Canada's ports target for smuggling terrorist weapons: report
- Cathay Pacific suspends Colombo service until further notice
- GAC Hong Kong signs capacity purchase agreement with Lufthansa
- Labels discourage airfreighted fruit and veg purchases at Marks & Spencer
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| MARCH 28, 2007 |
- Grand Alliance to launch Asia-Black Sea Express service from late June
- $ 300-m ADB loan to expand Colombo port
- New North Europe-East Coast South America service from Port of Hamburg
- INTTRA marks 1st anniversary of alliance with Port of Valencia
- US ports to handle higher volumes, says report
- MSC’s new European Silk service calls at XICT
- Hanjin Shipping to diversify business portfolio
- PSA International to run Gwadar port
- Rates holding, overcapacity tales exaggerated, says OOIL’s CFO
- WTSA to hike rates from May
- GE Shipping divests stake in Routes Travel
- Emirates Shipping joins INTTRA carrier network
- IMG’s draft report on improving efficiency of ports submitted to PM
- IPA panel working out common port insurance policy
- P. D. Rathi appointed MbPT’s Railway Manager
- Gateway Rail Freight & CONCOR form JV for rail-linked, double-stack box terminal at Garhi Harsaru
- CONCOR to fix terminal user charges for pvt. operators today
- Direct tax collections cross Rs 2,00,000 cr.
- Ficci, CII seek extension of DEPB scheme
- Rules on housing, recreational activities in SEZs to be tightened
- Reliance augments SEZ relief package
- CII team for IPRs’ summit in china
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| MARCH 27, 2007 |
- MOL opens Japan’s first box terminal solar plant
- Cape Town could lose two thirds of shipping
- Total – bunker industry can meet challenges
- JNPT to build fourth box terminal
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| MARCH 27, 2007 |
- Clipper Group companies indicted on pollution cover-up counts
- Bourbon orders GPA methanol-carrying PSV's
- VT Halter Marine wins PSV order
- "Human factors" blamed in BC Ferries sinking
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| MARCH 27, 2007 |
- Brussels pushes ahead with shipbreaking agenda
COMMISSIONERS to debate future policy which includes plans for regional legislation.
- Europe ‘can sustain’ breaking industry
- US on course to Marpol ratification
HOUSE of Representatives passes implementation Bill to adopt Marpol Annex VI.
- First Ship Lease trading debut ends on high note
SINGAPORE'S second listed shipping trust closed up just over 4% on its first afternoon’s trading.
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| MARCH 27, 2007 |
- House approves Marpol Annex VI
WASHINGTON, DC 27 March – Legislation to implement Marpol Annex VI was passed yesterday by the US House of Representatives and now moves to the Senate where passage is also expected
- Norden bullish despite 2006 fall
DS Norden, the Danish bulk shipping company, forecasts a strong bounce in profit for this year after a sharp fall in 2006 due mainly to one-off items
- Spain adopts pollution directive
SPAIN is to crack down on ships guilty of polluting waters within 200n-miles of the coast, following the adoption by government of new measures
- Life is sweet for Indian exporters
INDIAN ports can expect sudden growth in throughput after Delhi last weekend issued incentives for sugar export to offload additional stock
- Princess mum on 'double dip'
PRINCESS Cruises knows why two passengers fell overboard from the Grand Princess early on Sunday morning, but it’s not telling
- Rotterdam’s loss is Antwerp’s gain
CONTAINER-handling operations in Rotterdam are already feeling the effect of the blockage of the river Rhine by containers lost off a barge near Cologne on Sunday
- House approves Marpol Annex VI
- Growing question mark over ICG buy-out
- Intermare, BBC form project venture
- Log-In to Docenave, says CVRD
- Three missing after collision
- Improper watchkeeping sank Queen
- Taranaki boosts Greymouth future
- Venezuelan victory over Customs
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| MARCH 27, 2007 |
- Revival for new container ship orders
Orders by carriers ends a near year-long drought of contracts as surging trade banishes fears of excess tonnage.
- Customs delays truck e-manifest compliance
- Rhine may re-open Friday
- House passes marine anti-pollution legislation
- Homeland Security tests air cargo screening
- Hapag-Lloyd to take over Europe-ANZ service
- Trident adds calls at Adelaide, Tauranga
- Customs Update: Changes at FDA
- Corps doubles funding for Columbia River dredging
- New York airfreight gains
- Israel to join CSI
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| MARCH 27, 2007 |
- Hapag-Lloyd goes solo on Europe-ANZ service
Hapag-Lloyd is to end its partnership with CMA CGM on its ANS Europe-Med-Australia/NZ service, to start running the service solo, from late April.
- Tianjin authorities detain collision vessel for failure to provide undertakings
Tianjin local authorities have confirmed to ci-online that they are detaining the MSC vessel involved in a collision with a dredger three weeks ago, pending receipt of undertakings.
- CSCL to issue US$232m bonds to fund 12 newbuilds
- Jakarta drafts new rule to cap THCs
- Private-sector Hector bags Van Dieren Germany-Sweden shuttle train
- India aims for logistics value with unstuffing/restuffing regulation
- US House passes emissions bill on MARPOL Annex VI to Senate
- Northport’s distripark turns from loss-making concern into 200,000 teu hub
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| MARCH 27, 2007 |
- Vetting means crews
Charterers’ attention switches to officers as personnel standards become the issue of the day.
- Asia-Africa upgrade
K Line, MISC and Pacific International Lines are adding bigger ships and more ports to service
- Bulkers rule
February order haul back over the 1mgt plus mark as yard back log surges to second highest ever.
- Hapag goes it alone to Oz
German shipowner going it alone on Europe-Australia/NZ route, ending tie-up with CMA CGM.
- Clipper indicted
Danish shipping group charged by US authorities with "magic pipe" violations in New Jersey says it will "contest" prosecution.
- Brazil cans Cargill bean port
Greens cheer as US giant’s facility in Santarem shut pending proper environmental impact assessment report.
- Euroferries confident
UK start-up believes it will land Spirit of Ontario, despite US owner rejecting its bid last week.
- Ship grounds in Baltic Sea
Danish navy vessels on stand-by as Cyprus-flagged ship in ballast hits ground en route to Estonia.
- Tragic error
Fatal explosion on Golar LNG carrier sparks safety recommendations.
- Eimskip on target
Icelandic container line and reefer owner emerges unscathed from traditionally tough first quarter.
- Home work for Hosco
China’s Hebei Shipping reveals compatriot yards as builders of last eight of 16 capesize newbuildings.
- Hedges prune Norden profit
Danish tanker and bulker owner sees income halved on large hedging loss and trimmed revenues.
- Trident out in the cold
Court kicks out Danish company’s claim for damages over failed attempt to buy Lithuanian Shipping.
- Aker builds for GDV
Norwegian yard group signs up domestic owner for supply ship to be built in Romania.
- Ferry in bomb threat
Nearly 300 passengers evacuated from Pelni ship in Java, Indonesia.
- 'A low hanging fruit'
Shipping firmly in the sights of air emission regulators, Intertanko conference told.
- Human error sank ferry
Canadian owner BC Ferries’ report into fatal sinking of Queen of the North last year finds crew failed to make course changes to avoid Gil Island.
- "We are taking on water"
Read the last moments of the Queen of the North in this extract from bridge radio transmissions.
- Gran Ship buys first vessel
Finnish joint venture snaps up 1985-built German general cargoship.
- Ships collide in Black Sea
Rough weather conditions cause two moored vessels to collide and ground near Odessa.
- Fisher grows again
Marine services push up 2006 profits, but products tankers suffer from weather delays and drydockings.
- CSCL plans bond issue
China Shipping Group liner arm plans to raise CNY1.8bn ($232.7m) and orders more boxships.
- COSCON fixes boxships
Cosco Container Lines is taking four newbuildings on 10-year charters from Cosco Shanghai.
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| MARCH 27, 2007 |
- Rhine closed after container spill
- Carriers adding larger ships, ports to Asia/South Africa loop
- ESPMC-WITASS's bunker surcharges rising
- MOL to open Poland branch for liner business
- DHL opens new international hub in Riverside, Calif.
- DHS expands air cargo security test
- Infrastructure commission gets more time, money
- Technical problems force CBP to postpone e-manifest enforcement
- Kuehne + Nagel targets top 5 contract logistics position in Gulf
- DHS enlists firms for nuke detection research
- GlobalWare Solutions appoints Viliesis as CFO
- General Freight Services promotes Sebolt to president and COO
- Connor, Orient Star offering Shanghai/Baltimore LCL service
- Industry paper: Set Calif. diesel trucks emission limits now
- India seeks to reduce dwell time at ports
- Southern California ports see more ships, but no congestion
- TWIC card delay in Wilmington
- Ports of Busan, Durban sign cooperative agreement
- Seimens picks Longview port to deliver wind turbines
- Port of New Orleans seeks bidders for projects
- Yusen Terminals shuffles staff at L.A. terminal
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| MARCH 27, 2007 |
- DFDS Tor Line extends Volvo contract
DFDS Tor Line has extended their deal with Volvo and will continue to ship cars, trucks, busses, and components from ...
- Iran could rebuild rescue crafts, says Amnesty
Nine rescue crafts built by Norwegian Båtservice in Mandal for the Iranian government could be rebuilt to military crafts, according ...
- Peter Wessel out for a month
Norwegian passenger/car ferry operator Color Line’s Peter Wessel is out of service on the Larvik to Hirtshals route until ...
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| MARCH 27, 2007 |
- Steady volumes seen in Fujairah bunker market
Latest annual estimates show no growth from 2005 to 2006, suppliers concerned about competition.
- Annex VI close to law in US
Legislation enabling enforcement and SECA implementation moving ahead.
- Norden result heads south
Hedging losses on FFAs and bunkers contribute to 47% slip in profits.
- Rotterdam: Market firms on higher crude/barges
- Tight market keeps Asian prices firm
Asian bunker prices have begun to stabilise after surging by $20-30 since March 14.
- Titan suspends share trading
Hong Kong Stock Exchange asked to wait for a 'transaction announcement'.
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